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with a balanced approach to new revenue and necessary pentagon cuts and it creates jobs all over the country. it equalizes the cuts we've already made with revenue by closing tax loopholes for america's wealthiest individuals and corporations. but we shouldn't just sacrifice our economic recovery because republicans are unwilling to vote for one single penny and new revenue, new contributions from their billionaire friends and corporations. we have to look at what these cuts mean in the sequester. the sequester involves 70,000 children being kicked off of head start. no one in this chamber disagrees about the importance of head start. early childhood education is absolutely essential in creating the foundation for learning in children all over the world. and that's what head start is about. 70,000 american children being kicked off head start. that's what happens when you use a meat cleaver instead of a scalpel. we're talking about more than a million kids who will see their schools lose education funding. we're talking about emergency responders who will lose their jobs, meaning slower resp
federal government except the pentagon. all of a sudden the last couple of months hitting this arbitrary political target is vital. what is vital, as i said, is having a deficit strategy that's consistent with sound economic growth and making sure that we strengthen the middle class and that means as a first step to make sure that our deficits, as the economy improves, as we grow, that our deficits are not growing faster than g.d.p. and that we stabilize the debt as a percentage of g.d.p. because if you don't, as the economy improves, higher government borrowing -- we need to adopt that strategy and adopt it now. have it kicked in over a period of time. we just got very good news that the rate of per capita increase in health care costs is actually at the lowest level of 50 years. we need to continue to adopt strategies to keep that -- those costs increase low. as as demographic changes means baby boomers retire and we clearly need to keep working on those issues. but let me just sum up where we are in terms of our deficit reduction targets. over the last little over two years we have no
accept the criticism that the pentagon should have been warning about these sooner? >> first, we started the slowdown in spending on january 10. a number of the measures that i mentioned went into effect shortly after that. significant efforts were made to slow down spending on more draconian actions later. i know that people felt we should have said more earlier. 15 months ago the secretary sent a letter to the u.s. congress saying that the effects of sequestration would be devastating. after that we testified in august and again in september, we listed every single major item we're talking about. we said that there would be cutbacks in readiness and a unit buys would go down with unit costs growing up. what we did not do was detailed budget planning. i do not regret that. if we did it 60 months ago, we would have been wrong. we would not know that congress would have changed the size and the date and we would not have incurred the tigre -- we would not have incurred the degradation route. we sounded the alarm in every way that we could. >> what kind of contract are you having with the
Search Results 0 to 2 of about 3